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प्रश्न
Give the equation of Budget Line.
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उत्तर
The equation of the budget line:
P1X1 + P2X2 = M
Where,
P1 - per unit price of Good 1
P2 - per unit price of Good 2
X1 - quantity of Good 1
X2 - quantity of Good 2
M - income of the consumer
संबंधित प्रश्न
Fill in the blank with appropriate alternatives given below
During depression, __________ budget is preferable.
Define "Trade surplus" and "Trade Deficit".
Surplus budget is that budget where in ______.
Which of the following points relates to surplus budget?
Complete the correlation:
Inflation: Surplus budget : : ______ : Deficit budget
Find the odd word out:
Types of budget:
Which of the following is NOT a type of government budget on the basis of balance?
A Surplus Budget is one in which:
During depression/recession, which type of budget is used to boost aggregate demand?
The classification of budgets into Revenue Budget and Capital Budget is based on:
The Plan Budget vs. Non-Plan Budget classification is based on:
Why is a Surplus Budget NOT suitable during a recession?
What is the effect of a Deficit Budget on aggregate demand?
A Deficit Budget is described as a key instrument of:
Which type of budget is most commonly used in developing countries like India?
Which of the following correctly matches the budget type with its use?
